RAFFUEL SURETY GROUP is a team of professionals with extensive and advanced backgrounds, spanning decades of experience in the surety industry, risk management, legal, engineering, project finance and investment management fields.
Surety bonds are insurance products that secure a financial risk associated with a particular transaction, much like cosigning a loan. The bond provides a guarantee that the bonded company or person will perform its obligations in good faith. Failure to do so may trigger a requirement that the surety company who provided the bond step up in its place. Since the requirement for bonds is typically legal or statutory, failure to post a bond means your business may be prohibited from bidding projects, building roads or schools, manufacturing or shipping goods...the list goes on